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google, how are we going to create the next big thing -- but make sure that production is here. so it's great that we have an apple that's creating ipods, ipads and designing them and creating the software, but it would be nice if we're also making the ipads and the ipods here in the united states, because that's some more jobs that people can work at. and there are going to be a series of decisions that we've got to make. number one, are we investing in research and development in order to emphasize technology? and a lot of that has to come from government. that's how the internet got formed. that's how gps got formed. companies on their own can't always finance the basic research because they can't be assured that they're going to get a return on it. number two, we've got to drastically improve how we train our workforce and our kids around math and science and technology. number three, we've got to have a top-notch infrastructure to support advanced manufacturing, and we've got to look at sectors where we know this is going to be the future. something like clean energy, for exa
think a big part of it is that you need to understand that social change -- you don't wake up overnight and think i'm going to change the world. just like you said you want to or you make it other than a class project. you have to realize -- dream big for sure. i'm sorry that i didn't say you can't save the world and that's not going to happen overnight. social change does not come overnight but it does come incrementally and it comes by even having good dialogs like this today and i know it sounds cheesy but that's the first step people can realize because when you get those first jobs i can only speak only about washington-oriented jobs you may have graduated from the best universities or been the top of your class or feel that you really have a high aptitude and high grasp of issues but when you get there and if you're doing some remedial work you might feel downtrodden and why am i not talking to the press right now about why we need to have cap-and-trade legislation. realize the change will come incrementally both for the issues and they will come incrementally for your careers but
pollution. the big oil and energy companies lobby to prevent reforms. young people can see the possibility of a clean energy future, and you need to fight for it. campus progress -- yeah. campus progress and our partners have seen another example this year of cynical power. for-profit colleges. there's overwhelming evidence that the schools are abusing taxpayer money with high price, low quality programs that lead many students deep in debt, their lives nearly ruined. for-profit colleges have about 10% of the college students, 25% of federal financial aid, and almost half of the loan defaults in this country. their reckless behavior risks a new subprime debt crisis, yet corporations that run these schools have spent millions trying to avoid accountability. it's disturbing to see who is lobbying for the special interests and their indefensible decision figure find some of them call themselves progressive and have worked for progressive administrations and causes but now they use their skills in connection to advance positions that are anything but progressive. i think that is a shame. a 22
at the federal reserve. we want to help get rid of the perception of too big to fail. lehman brothers is the only example of a major financial institution in a developed country that was allowed to fail. the evidence clearly puts this to rest the notion that we did not deal nottoo big to fail. there are a couple of areas where i see the attack coming. my republican colleagues, on like climate change and health care, don't want to take this one had on. it is still too popular. coming to the defense of unrestricted derivative trading is not a popular cause. they are coming at it sideways. they want to use the deficit as an excuse for under-funding the sec and cftc. they have a small percentage of what we're wasting trying to build infrastructure in afghanistan. the notion that the $90 million more that we need for the cftc because of the deficit is nonsense. they want to turn the sec into a profit center. you have a catch-22. first denied the sec and the cftc adequate funding. they in turn will not be able to deal with the rulemaking requirements that they have. because they have not been able to m
of atlantis. you can see very clearly i can like jolt of those big orbiter maneuvering system engines. and courtesy of space station cameras, our first year of the shuttle atlantis. >> good burn, atlantis. >> copy. >> the sequential still video view of the international space station. >> atlantis, station on the big loop. we have you in site. >> excellent. we will be there soon. >> atlantis houston, you are go for the rpm. go to proceed inside 600 feet. >> houston station, atlantis, initiating rpm and three, two, one. mark. we copy. >> houston copy. step with that, commander chris ferguson now will begin the slow three-quarter of a degree per second rotational backflip. this again is about a nine minute maneuver. you will hear the photography call initiated when the orbiter is in the correct orientation of this procedure. the actual pitch maneuver will last about nine minutes in duration. about 93 seconds of available photography. >> atlantis on the big loop. start photo. >> starting photos spent and without a period of about 93 seconds of good photography now initiated, using digital
of congress get themselves. anda raw deal in a big way. -- a raw deal in a big way. with that i reserve. the speaker pro tempore: the gentleman reserves the balance of his time. the gentleman from ohio. mr. jordan: yield one minute to dr. fleming. the speaker pro tempore: the gentleman from louisiana. mr. fleming: thank you. mr. speaker, but for the president of the united states who serves today a a democrat-controlled congress over the last two years we wouldn't be here today debating this. $3.8 trillion added to our debt and continuing on that same glide path. mr. speaker, we're here today because people across america, businesses, cities, states, all have to balance their budgets. the only game in this country, the only entity that doesn't have to balance its budget is the federal government. and that's what's ruining our economy. so all we're asking for in this bill is simply to immediately cut $111 billion in fiscal 2012, begin capping our spending rates, bringing it down to what's traditional, 18%, and then finally passing a balanced budget amendment that will finally put the res
chart has given a lot over the years. we call it the big shot. in the last few years, change has happened in terms of the long-term stability, brief moments of disturbance, changes in 60 years of stability. we reinvented work practices and other practices. what has happened now is in the last 10 years, we are moving to a different kind of infrastructure proven by the digital loss of competition. now we find having a world in which we have constant disruption nearly every year. the challenge is how do you start to leverage that rather than fear that in terms of driving innovation in? it will not slow down for the next 30 or 40 years. let me say this personally. i can recapitulate the last 10 years of my life. it took me from this class to cloud computing come into graphic processing, that is scientific computing a fraction of the cost, now into a very limited form of competing. i have had to relearn almost everything i knew as a computer scientist. dealing with the plains regarding amazon and microsoft. i had to think about how to move these processing units. there are single proc
if a big bank goes under. second, it said to wall street firms, you can't take the same kind of reckless risks that led to the crisis. and third, it put in place the stronger -- the strongest consumer protections in history. now, to make sure that these protections worked - so ordinary people were dealt with fairly, so they could make informed decisions about their finances - we didn't just change the law. we changed the way the government did business. for years, the job of protecting consumers was divided up in a lot of different agencies. so if you had a problem with a mortgage lender, you called one place. if you had a problem with a credit card company, you called somebody else. it meant there were a lot of people who were responsible, but that meant nobody was responsible. and we changed that. we cut the bureaucracy and put one consumer watchdog in charge, with just one job -- looking out for regular people in the financial system. now, this is an idea that i got from elizabeth warren, who i first met years ago. back then -- this is long before the financial crisis -- elizabeth wa
not looked at this in the last week or two ago, but the big numbers are going to be interest reduction and employer provided health insurance. people have written about these. these are significant sources of revenue. i think the distortion on health care choice is created because the deduction on health care insurance is significant. housing is hugely important, but i do not think it has to do it leverage in the financial crisis. you look where you can get the kind of money you can talk -- you are talking about. >> excessive leverage in the financial sector. the very biggest bank and their use debt impose risk in the system. it is completely consistent with the broader assessment from the right and from the left in regards to to big to fail. we have tried to do with that in various ways. nobody is impressed. standard and poors said yesterday that they think the government would still have to support major financial institutions if they fail. >> mr. johnson is recognized. >> thank you, mr. chairman. mrs. olson, i in your testimony you talked about reform alternatives that you believe s
. well, yes and no. in their derrick the church was the big power. kings and queens could not move without the permission of the church. nowadays it is big business. when you have big business influence washington, d.c., people like yourself, this is what you are going to get. you cannot have foxes guarding the hen house. host: all right. your response. guest: if you talk about specific tax credits, i think he's right. i don't think it is just big business. i think it is the aarp, i think it is the big labor unions. i think it is everybody. the whole fact is the federal the whole fact is the federal government is too big and it is in areas it shouldn't be. if you read the constitution, you also read the enumerated powers which gives limited powers to the federal government and specifically states everything not listed here is reserved for the people in the states. the reason we have a $3.6 trillion, $3.7 trillion budget, is a trillion and a half of that or more is stuff that's not our responsibility in the first place. sho look, i'm one of the few republicans that stands up and say
and pay for it? that is a big part of our debt problem right now. >> reclaiming my time, i will answer the gentleman's question. i have two sons, the 22-year-old is in the top 10 academically of the students in this country and wants to be a doctor. virtually every doctor that he knows is begging him not to become a doctor. so the outlook from a 22-year- old who has studied hard his whole life but may want to be a doctor, every doctor in this country, how did they get it right that the health care bill passed is anti-competitive and a government takeover that will cost 800,000 jobs? how can i justify that? well, it is the law. on the other side, i've got a down syndrome son who is in the bottom 2% academically. he will need substantial help. alex is going to be competing against all of us in health care, against people who have every ability to take care of themselves, who should not look for government alliance or government programs, and he is going to be in what phil gramm called that wagon, a little red wagon of people who cannot take care of themselves by disability, perhaps physi
was named o'brion. we will focus on what we need to do to get as that big rocket that allows us to go exploring. we can move beyond our home planet. today is a great day to celebrate. there are a lot of highs and lows as we give hugs and say goodbyes and take pride in what we have accomplished. it is pretty amazing. >> it has been a heck of a day and a program. i had the same kind of sentiment. i am incredibly proud to be here representing the thousands of people that do the work. to the kennedy team is doing an amazing job. you solve this performed almost flawlessly. almost hardly any issues. the teams back at johnson space center is world class. there is none better for flying the plan. they lead an amazing team of folks. then our friends up in the marshall space center. they have incredible hardware to get this up into orbit every time. it has been fantastic here in the home stretch. we have been talking about finishing strong and finishing on the target. when you the back, the shuttle program has racked up quite a history. we did 1300 days in orbit. this is about 43 months of time
money for a tiny wheel, about this big, the onus is on the defense department to get these costs under control. i do not think congress will just let them come especially with the budget coming down, looked the other way. host: megan scully with "national journal." and the piece is called "the pentagon premium." thank you for joining us. we will be back at 7:00 a.m. we go to the floor of the house of representatives. continue beyond 11:50 a.m. the chair recognizes the gentleman from oregon, mr. blumenauer, for five minutes. mr. blumenauer: we begin another week in political wonderland. the dow falls 100 points at the opening bell. what is it that we should do? well, if we had the knowledge and problem solving skills of college sophomore economic students or women in a church study group, before the week is out we would establish some simple steps. first, we would understand that in a divided government with real economic challenges no one group is allowed especially those representing a minority of opinion to have their way entirely. we would begin by repealing the silly debt ceiling
thereafter, qaddafi took over and the big issue was my god they're going to raise the price of oil from $5 a barrel. >> that's an interesting observation. you did refer to, with respect to the resupply, that the president himself said, how about lining up aircraft carriers to get them there. there was resistance in the defense department and the state department. they were trying to think what to do, but president nixon because that issues box and because he thought it out in advance, said, we're going to do this, how about doing it this way, let's get done, and the consequences of that stretched out many years. >> what else would be new in the state department for a white house initiative? >> let me ask since we're coming out with all these inside baseball stories, something about his long enduring concern with maintaining an effective relationship with the chinese, and that relates to his reaction to the shoot-up of the students. he privately made it very clear to president bush that the relationship with china could not be destroyed by the public reaction to the shooting of the student
and echoing my call to end subsidies for big oil. it's a call that received a bipartisan vote here in the sete, a bipartisan majority vote here in the senate, but, of course, did not pass. did not as if because of our colleaguescolleagues' insistenca filister for a supermajority amount. but it's time that our friends on the other side of the aisle put the interests of taxpayers ahead of big oil and allow these wasteful subsidies to finally end. as the president said, we have strategies to reduce the deficit. like my legislation to cut oil subsidies that are already introduced and ready to go. and all we have to do is pass it. and a vote to allow that to happen is a simple choice for everyone in this chamber. are you on the side of working-class families and seniors? or are you on the side of big oil? now, there are lots of ways to cut the deficit, but saving taxpayer subsidies for big oil while ending medicare as wenow it and cutting student loans is not, in my mind, a solution. it makes no sense, mr. president, to give a taxpayer h. funde of it funded o the big five oil companies earning huge
. this is something economists and political science could study. in my view of congress basically is a big villain in many different issues. when congress spends money directly on r&d it doesn't do that great of a job. if you're spending money on r&d during wartime because it's inside lated from congress because it's patriotism but if you're working through an institutional structure such as n.i.h. where there is indirect accountability but not direct answering for individual grants and decisions this works quite well and what we need to do as social scientist is come up with more structures of this kind, things like the medicare payments advisory board but set it up in a way where it can work and we can actually preserve enough money in the system to be spending on longer term purposes. another issue i focus on to a considerable degree is demography. we need to think long-term. humankind has never in its history had societies which will be as old as the societies which we're getting now and which will become older with each year. the frightening truth is that we don't even actually know if this w
. it is an embarrassment. vicious goes on and on. this is like a big hat and no cattle. i am tempted to say could you do it? and i'm not going to do that. what would he say to the distinguished senator from utah in regards to when you will see this. engine that think he will get a trade pact without that authority. it would be kicking the can down the road to 2013. goodness knows what that would bring. one of the things we have been doing is we have been up here a lot trying to work in a bipartisan way. >> i know you have. >> that will help us when it is time to seek trade promotion authority. we are working together to identify what the objectives will be. in 2002 it took a long time. >> you are not negotiating with the congress first? >> we are working for is to develop our objectives. it is appropriate to do it. hopefully it'll make their work easier in determining what they are. >> and then we had a pretty good discussion here. >> we should vote, >> from what i can see, we have maybe four or six more minutes on this side. it should go relatively quickly. we can accommodate all of our colleagues in the
of the big problems we have which will last even beyond this recovery is the fact that we have millions of people have been out of work for six months or a year or more. we have millions of people who are insufficiently trained, you know, to work with new technologies and to compete on a global basis. let me be clear. i'm not just showed a government training program. there are many ways to help people get up to speed, you know, through technical schools or a whole variety of programs, but i do think that was the important things we need to do for our working people is to make sure they have the skills they need to get decent work. and those of skill requirements are only going to go up over time. >> i'm sorry. mr. miller. >> thank you. could you have your, mr. bernanke. enjoyed your testimony. i've agreed stability in the market place is having impact on the recovery. you also see people are not consuming because of the wealth of loss and housing sector and i think you're absolutely correct in that. that there's a lack of confidence in housing market today. mortgage refinance is have c
and dubbed as a big feature in this book. living by what we would call sustainable values. whatever you do, you do it in a way that will sustain. and contrast with that the new boundaries that prevail in our country, situational values. if the situation allows me to give you $8 million mortgage and -- a $1 million mortgage and you are only making $15,000 a year, no problem. neither of us will be here holding the bag. i think we have moved us a country from a generation that practice sustainable values to one practicing situational values. that is the first move. the second is what happened to our politics. michele bachmann is a paradigm of what has happened to our political system. you have a lot of political senators and congressmen who come here, and individually they are rational people. why did they behave so it rationally when they are together in one room? the only answer is, life is about incentives. the only way you can explain why they did not take up simpson-bowles is because the incentives are all wrong. move the cheese, move the mouse. these people must be responding to a chees
a mission to focus again on the big picture of the exploration and the crucial research and development that will be required for us to move beyond it or bad. he has charged as the carrying out the inspiring missions but only nasa can do which will take us farther than we have ever been, to orbit mars and a dead man's land on it. he has as to start planning a mission to an asteroid and right now, our don space craft is approaching one of the biggest in the solar system, vesta and we are scheduled to drop into orbit around that asteroid this month. what it finds out could help inform such a future mission to an asteroid. the president is asking us to harness that american spirit of innovation, the drive to solve problems and create capabilities that is so embedded in our story and has led us to the mon, to great observatories, and two humans living and working in space, possibly indefinitely. that american ingenuity is alive and well. it will fire up our economy and help us create and when the future. -- and when the future. only if we put aside our differences and work hard and dream bi
of the remedies big board and the court may not order is the restoration of the workers in washington. the whole principle here interfering with an ongoing case is inappropriate for those two reasons. i respectfully oppose the bill. mr. miller and i or recommended -- recommending that an amendment is not filed because the bill is fundamentally flawed. >> that you very much for that, mr. andrews. we had the benefit of the office of legislation, mr. scott. you are welcome to say anything. >> thank you very much. thank you for taking up this bill and giving it board. i look for to see the debate on the house floor tomorrow. i keep hearing these words used danite really need help defining as a common man without a law degree. perhaps you can help me with the definition. the word "restoration." >> if you would, one of the remedies if the violation is proven in court would be to enjoin -- stop the transfer of work from one place to another. whether the facts of this case support that or not -- boeing would say they have already moved the work so it cannot be restored. there is a legal process. >> i ju
members. one big gap with the military lending act is it does not apply to automobile financing, and one thing many young enlisted do when they get their paycheck is to try to purchase an automobile. i think also the protections should be expanded. veterans are not covered by the military spending act. older americans are not covered, and talking about checks and balances, we have businesses putting mandatory unilateral arbitration clauses in the contract, which allow consumers no redress if they are harmed by these high cost, unfair product set are leading them of their bank accounts, robbing them of vehicles, and taking their homes away, leaving them and their families without a place to live secure a good -- a place to live. >> in your testimony, you find a trade-off the sometimes arises between consumer protection and a profitability -- and bank profitability. can you talk about the trade-off and what influence it should have? >> of course. there is a balance of regulatory agencies are trying to strike between bank safety and soundness and consumer protection during debate safety and
, pennsylvania, south carolina, utah, and i'm leaving now north carolina and illinois because those are the big jackpot states that are really thriving each party's potential for gain. i have a question mark as to which would gain or lose. states like iowa, new jersey, and arizona. i am sure the five states we will talk a lot about this morning are illinois, north carolina, which are both party opportunity for partisan capitalization on this redistricting. illinois for democrats, picking up potential five or six seats. or four or five seats, republicans losing them. north carolina, republican gains and possibly three seats, depending on the legal challenge to the map the republicans are proposing. and in california, where i think democrats at the end of the table probably pick up two or three seats as the result of the untangling of california's and competitive lines at the moment texas, where i expected to either be a draw or republicans netting two seats depending on the legal challenges we will be talking about. the wild card is florida. i am sure we will make that a big part of our discussi
, texas, and is author of "the big sort." he has worked as a journalist. he and his wife owned and operated a weekly newspaper in texas, and they now co-edit a web publication covering rural america. we also have michael lind, a colleague of mine that the new american foundation -- at the new america foundation. he is the co-director of the economic growth program and the next social contract initiative duty is a very accomplished journalist -- contract initiatives. he is a very accomplished journalist as well. he writes frequently for the financial times, "the new york times." immediately to my right is james gimpel. his research includes areas of political behavior, political geography, and u.s. immigration policy. james is top-notch in these fields. i know from firsthand experience. his most recent book, relevant to today's conversation, is "our patchwork nation," published in 2010. having dispense with introductions. i want to start with gregory. tell us why we are here. >> to celebrate your birthday. >> thank you very much. turning 31 is really dramatic. the issue of socia
to do it to us. thank you very much. >> the sign behind me, dream big, is as appropriate one that we can think of as we begin to discuss these great optimists. they truly are, the great optimists in america. what we will talk about today and what tom has talked about, what our survey has shown, is that there is a lot of uncertainty out there. a lot of people believe that the american economy is on the wrong track, that the policies they come out of washington and other places that are the wrong way to go. the one thing you hear from the people up here today and the one thing we heard as we did a listening session, multiple listening sessions all over the country, and in every state, was this -- when you talk to small businesses and the people who are living the american dream, they are optimistic about their future and about their company. it is a pleasure for me to moderate this panel and talk a little bit about what we found as we work through uphold that is the second quarterly poll but we have done here at the chamber -- that we have done here at the chamber. how will introduce the t
much more that the students are looking for technology that can make a big impact. many times they are for economic good. a lot of times they are four countries that cannot afford better health care or less expensive ways of getting energy sources to a different part of the world. that is something students are very passionate about. as a professor, you always are having to weigh things out in terms of how you provide the best education for your students to go toward banning their ph.d. you want to make sure they are doing the basic science and technology. it's great to have the final impact in technology or underdeveloped countries or inexpensive health care. we have other programs where the students go and work in other countries in either economics or engineering and science where they try to make an impact locally based on technologies that they develop in clauses or at mit or other places and the young people are excited about that. the bank is so much for your participation. -- thank you so much. [applause] [captions copyright national cable satellite corp. 2011] [captio
is something that hasn't bottomed out as quickly as we expected. and so that's continued to be a big drag on the economy. we've had to revamp our housing program several times to try to help people stay in their homes and try to start lifting home values up. but of all the things we've done, that's probably been the area that's been most stubborn to us trying to solve the problem. >> mr. president, 27% of our questions are in the jobs category, as you can see from the screen over here. our next question has to do about jobs and technology. it comes from david, "tech and knowledge industries are thriving, yet jobs discussion always centers on manufacturing. why not be realistic about jobs?" >> well, it's not an either/or question -- it's a both/and question. we have to be successful at the cutting-edge industries of the future like twitter. but we also have always been a country that makes stuff. and manufacturing jobs end up having both higher wages typically, and they also have bigger multiplier effects. so one manufacturing job can support a range of other jobs -- suppliers and the re
and not a heavy role in helping monitor the border that is under discussion, but it's not another big mission, et cetera. i don't see any major new mission requirements, but i can't say the ones we have will diminish in the near future. until some of these big issues are resolved. >> thank you very much. >> thank you, mr. chairman. i will be brief. my impression when i was in khartoum, as far as their view of darfur, was there pretty much content to fight a surrogate war because it is far enough removed from khartoum where they didn't feel any real pressure to do so, but human interesting comment a second ago, talking about their the gm -- watching what's going on there. because of this proximity geographically, if the north continues the alleged or apparent atrocities that we've had some evidence of from others, that changes the paradigm a lot and runs a greater risk of a new war in the north, does it not? >> that's exactly the risk, and it's exactly the want that the government needs to avoid. they don't want war in the north. they complain about what they think is an attempt to create a new, a
of interest to me is the fact that when we looked at the fact that some people say that we ended too big to fail with dodd-frank. some of us do not believe that that actually ended too big to fail, but many of us somewhat believe it probably contributed to furthering too big to fail. when you look at the major financial institutions in this country, a lot of people thought that they should be smaller. after dodd-frank what we're seeing is that many of these institutions are actually larger. and what we also now see within the rating industry is that there still a reward for being considered one of those systemically risky financial institutions. and, in fact, that these institutions are getting somewhat of a pop or upkicks over other financial institutions which may, in fact, have a better baseline financial rating. so these are some of the things we want to look into today. my guess is some of my colleagues wanted to discuss something that is relevant to these times, and that is the role of the rating agencies as it pertains to the united states sovereign debt. i suspect there will be s
if your dreams are not big enough and they scare you, then they are not big enough to beat the dreams of dhaka to scare you and we have to dream about when we are really on the team and when we are really on the team we may take one for the team occasionally. only when it is our turn. but if they are not letting us on the team we can't take it anymore, and the fact that this is really serious, this whole thing about social security, about health care, all of this could come unraveled, and these dharma courts the decision and all was that, these are all impacting women and children and all of the cuts are women and children that is not the america that i am a part of. so, when in, people were going to tell you ten reasons they are mad they don't want to go vote, just tell them get mad and go vote. but the real reason to go vote, or you will not believe how bad your next time. thank you for everything you've been doing. thank you. thank you. [applause] [cheering] cheering] "washington journal" continues. host: this is david keating, executive director of the club for growth, which is wh
senate procedure, the regular order but have attempted to solve this big problem in secret, behind closed doors with just a few people. i believe that is contrary to the historical understanding of the role of congress and i'm not happy about it, i oppose it a i object to it and i expect an appropriate amount of time to consider whatever plan comes ded women like them guard these hallowed halls. mr. president, some of those dedicated police officers stood guard saturday and sunday as we worked to reach an agreement to avert a default on our national debt. leaders from both parties were here throughout the weekend. differences still separate our two sides but work toward an agreement continues. this afternoon, i will put on the floor a proposal to -- that i hope will break that impasse. this legislation would put to rest the specter of default. it would cut $2.7 trillion from the deficit over the next decade. it would not raise any new revenue or make any cuts to medicare, medicaid or social security. all the cuts included in this package have previously been supported by republicans. the
-- are hardly think people were that surprised. >> your resignation -- one of the big issues is the question of morale. are stopped last week by an officer who described embarrassment to senior police. a real concern about more route or a number of changes and there are number of rules. you're the first to clean this up on the more outside. and what they can do to restore that? >> us support public and private messages -- i will be doing that before i go. i had spoken to many police officers since my resignation. they spoke about their pride even though they don't feel they could walk away with it might interfere with their discharges in a few years so in a similar way in many areas of the organization there is great pride. what are point to is we have to restore some confidence. it is about -- we do have to make sure the meeting doesn't restore the public's fairness around this one hacking issue. >> i want to take you back to your resignation statement where you stated you had no reason to suspect involvement in phone hacking. no reason or no knowledge of the expense of the disgraceful prac
. they were not told. is it not there? he did exactly what they should not do. >> he makes a very big point. when you see what he said, he saw that it was cleared in advance. we do not live in a country or the prime minister's ordering who should be arrested. >> he made a statement on monday. there were two words that were not mentioned. we were not in a situation where his best buddy was working for us. did he know that neil wallace was giving advice? >> no. . i did not know that. i was unaware of that. i think this is important. one of the issues is the transparency and information that there was. there was no hiding the fact that they had this. >> i want to thank you for the announcement. he has said that all governments have been far too close to the media giants. that means no more back door living to no. 10. there are cabinet papers. there are recommendations for it to be implemented. >> i accept the plea make about transparency. there are of official business meetings with media executives. with relation, the fact is not whether he came in through the back or front door, but was it d
procedure, the regular order but have attempted to solve this big problem in secret, behind closed doors with just a few people. i believe that is contrary to the historical understanding of the role of congress and i'm not happy about it, i oppose it and i object to it and i expect an appropriate amount of time to consider whatever plan comes >> president obama called for a feeling congress that would raise the national debt ceiling. the president supports the plan by senate majority leader harry reid which includes $2.70 trillion in savings, no tax increases, and no cuts to social security or medicare. the president spoke from the east room of >> the government had a surplus but the money was spent on the two wars and expensive prescription drug program. as a result, the deficit was on track to top $1 trillion, the year i took office. to make matters worse, the recession meant that there was less money coming in and it required us to spend even more. on text cuts for middle-class families to spur the economy and unemployment insurance, and aid to states that we could prevent more teach
we sell. it had not been cut this year because it was too muddy after the big may flood. july 1 was a pretty hectic day. the river was in full flood mode for the third time this year and geological survey forecast the river to be at 14 feet. at that level, the water covers most of my hay pass sure and inches from getting into any shop and barn and less than a vertical foot from being inside my house. there were some pretty nervous people at my house that way. my wife and family had gone to bed and i was getting ready to do the same when the laurel volunteer fire department showed up. the owedor was really strong when i walked out the door and i got to tip my cap to them, driving around in the dark looking for houses next to a flooding river. it was a mandatory evacuation and we found a motel in billings at about 1:30 in the morning. we got home the next day i walked out and found we had a problem. oil had come over the ditch next to the river about halfway down my pasture. it was lying in the short grass where i had cut some hay. when you get away from the property, oily water s
raised according to various traditional gender norms of child-rearing. in big cities, that means that the boys are allowed to roam free after-school and the women have to come home and help out in the household. and then they develop a set of skills that are somewhat transferable to the labor force and they stay out of trouble more. you see them getting better grades, getting better jobs, more likely to go to college. there are certain gender patterns of integration. >> on the iranians in particular? >> that is fairly consistent with what you mentioned. the best ass high long as we're on the muslim issue, the relief comes from every place around the world. there is no country of origin that accounts for more than 8% of american muslims, another huge difference with europe. the iranians in particular, given the historical and political circumstances, they have tended to be more westernize. they are the least religious moslem group in this country. on the latino side, a cuban- americans tended to be quite middle class, fairly educated, and among latinos, the most secularized of the
we have a very big one called a & d and we're competing with germany and it's got major manufacturing incentives and taking our new clean energy ideas because of their tax snevts. so how do we do that while legitimately dealing with the other issues you raise while at the same time because there are other tax incentives? >> i'll speak next. my advice. folks -- it means getting the rates as low as you can and the marginal rate is where a lot of investment systems get made and so having a lower marginal rate is more important than incentive package answered when it comes to making a choice between a marginal rate and incentive package i'd choose the lower rate and get rid of the incentives. >> but you agree with that even if it gets rid of the r & d tax credit? >> i think as far as it's been a foundation for the i.t. industry that has really propelled growth for this country over the past decades, so i think as a combination of factors, we need to be competitive as a country or we stand to lose something that was invented here. >> that's our dilemma. is to be looking at competitive rate
neighbors. in short, the guys with the big checks don't want reform or change. they've never had it so good. that is why no one running for president talks about solving the problem. on fair trade, stealing our best jobs, institutional corruption or of washington, d.c. -- they need the money to win. i run for president by accepted no pac money, no contribution over $100 per person and full disclosure no matter what the size of the gift, $5 or $75. we must break the stranglehold of special interests on a tax code you cannot lead, a budget that will never be balanced, debt that cannot be repaid, and the reform of wall street banks who live by their greed and illegal activities. health care reform that does not drive down the cost and we send american jobs overseas day after day. there's only one way to get control of our country away from the special interests -- don't take their blood money. don't take their pac money. don't take their bundled the money. the president must be free to challenge and change washington and our current president -- he is raising $1 billion while in office. with m
is interested in turning the sanaa big we are not able to confirm that one way or another but obviously whatever he does lose large in the political calculations of everyone on the ground in yemen right now. we strongly believe that a transition is necessary, that an orderly peaceful transition is the only way to begin to lead yemen out of the crisis that it has been in for the last few months. we are strongly supportive as i said of the gcc initiative. we believe this is one way within the framework of the existing yemeni constitution that not only leads to elections, but also allows the opposition, the public, the protesters, also have the police in yemen's future. so we continue to strongly urge president saleh to sign and implement the agreement. in terms of the governance of yemen, the acting president under the terms of constitution is the vice president, hadi. he is a southerner who has been rather retiring in the past. he appears to be willing to sort of step up to the plate and begin to make the hard decisions that a president, even in income or acted president of yemen must be. he has
are making it more difficult to get there. so i'm a big fan of the navy with one important exception that is on that saturday in november when we play the army-navy football game. >> having gone from the naval academy into the marine corp., i don't watch that game very often. so -- but it does seem to me that we are at tend of another inevitable historical cycle here when we have extended ground combat deployments that expand the size of the active duty army into the marine corp. at the expense very often of what i would call national strategic assets like our operational navy. i think i'm hearing from you that the same thing i heard from secretary panetta that the 313 ship goal for the navy is a reasonable goal. would that be correct? >> well, my ingaugements over the past three months suggest to me that it is. but again, i think we had a conversation a bit earlier about how do we keep strategy at pace with resource decisions. so that comprehensive strategy review that we're doing should it seems to me re-enforce that or cause it to think differently about it. one of the things i th
but around 8:00 so it is not a big shift. it is not a huge deal if you are one of those flights -- you are getting up in the middle of the night and sleep and all day. this crew hasn't been too bad. only a few hours of sleep shift. in general seven days ahead of time at johnson space center. >> it is good they have a little bit of time to launched into space more relaxed. when they are here for the countdown dress rehearsal, seems like every minute is filled with things that they have to do. >> there's a reason we do that. for the terminal count down demonstration test through the years we have taken many things off and move them into that so they don't have to do so many things before launch. launch used to be as packed as that. we learned post columbia that crews have so much to do on flight day one and two that it is critical we sent them up relaxed with a little extra sleep. we tried to scrub the launch time line to take out anything unnecessary. what we are left with is the training aircraft flights for the pilot and commander, some briefing they have to do. the crew will normally
to need your help, folks. there are big issues facing our country right now. i don't have to tell you. we need long-term solutions for our debt and our deficits. we need to invest in education and infrastructure and we need to get our country on track with sustainable energy solutions. just to name is few. we've got a lot of work to do and i know all of you have good ideas. democrats are the party of big ideas and new technology and we want your input. please feel free to give it to us. i know i'm going to have to really push you hard to offer your opinion on the issues that matter to you so, you know, just try to give us a little help. republicans want to take us backwards on the other hand. they think cutting taxes and deregulating everything solves all of our problems. it doesn't matter what the issue is, their solution is cut taxes and deregulate. now, that might make for a good sound bite but it's not good for real people. so we're going to hold them accountable with their wrong-headed ideas. we're going to hold them accountable from today until election day. we're going to reelect p
at this if there is evidence of illegal activity than big questions have to be answered and i am sure the leader of the opposition will ask those questions and make sure -- >> were there any meetings between neil wallace and mr. coulson when he was working for the prime minister at number 10 downing street? >> i don't have that information. far worse for me to give an answer that could turn out to be inaccurate. i will get back to you with that information. >> members on this side are right. want as to move on from excessive focus on this issue but are ask the prime minister how he is able to end the practice of journalism regularly paying police officers for a quick scooped? >> we need to do a number of things. the police investigation into corruption which is overseen by someone on the outside and work to improve the ethics and standards but also there will be the inquiry which will do a job of working on this on the panel of the former chief constable, understanding how the police service works and we can deal with this problem. >> i feel confident in the police being affected by allegations
airports as small as asheville, from the airport such as delta county, minot. so it's a mixture of big airports and small airport that have gotten into best practices in terms of what are the kinds of things appropriate for each airport. >> again, let me go on to mr. lord. i have a lot of questions in a limited amount of time. you're talking about spending on, for instance, baggage screening equipment. i'll speak from experience the airport i use most is the corpus christi airport. we have three airlines, american, continental with small regional jets and southwest with 737's. each individual airline has a screening machine staffed by two t.s.a. agents. we bought three machines for the corpus christi airport. and there's probably a fourth one because delta used to come in there. why couldn't there just be one and a couple of t.s.a. agents? there are never that many people there. why are -- do we have any clue why we're spending multiple -- >> that's a great question. t.s.a. has an electronic baggage screening program which they're trying to move to what they term optimal solutions for
here from our republican leagues, the big difference being, he doesn' want to say every five months, let's puthe country into economic crisis and all the uncertainty between now and five months from now that that will create. with that, i yield one minute to mr. ryan a terrific member of the budget committee from ohio. mr. ryan: i thank the gentleman. one of the issues we want on the table here is revenue. the top 400 wealthiest people in the united states of america pay 17% tax rate. my constituents in youngstown and akron, ohio, pay a heck of a lot more than 17%. we hear our friends on the other side of the aisle, how all these changes need to occur, how all these problems need to be solved, but heaven forbid, mr. speaker, we ask the 400 wealthiest families in the united states of america to maybe be a little bit patriotic and help us ou and you'll say, well these are the job creators. these taxes won't go into place for another year or two. we've got to get through this downturn. but we need to send a message to the bond market that we are serious. and for us to be this irrespons
that? we are talking about lower the tax rate and incentives, yet we have a big one that is very important. i would argue looking at other countries who we are competing with, like germany, which is actually high wage and cost, but major manufacturing incentives. they are taking our new clean energy manufacturing. i would welcome anyone else who would want to respond as well. how do we do that while legitimately dealing with the other issues you raise, at the same time knowing that we are competing because there are tax incentives in other countries? >> i guess i will speak next. my advice, and this is not an easy challenge you are facing, is to focus on getting the rate as low as you can and to get competitive with global economies around the world. the marginal rate is where a lot of investment decisions get made. having a low marginal rate is more important than incentive packages. when it comes between a low marginal rate or lower incentives packages, i would choose the lower rate. >> i think having a competitive rate is important, and i think the r and d incentives for resea
, adding jobs, and creating new opportunities. we are not seeing that, in part, because of the big overhang of foreclosed homes, which are weighing on prices. it is a vicious circle. people do not want to buy because prices are falling and prices are falling because people do not want to buy. there are a number of things we are doing. we are keeping mortgage rates globe. -- keeping mortgage rates low. this works to try to modify mortgages. i think it is worth looking at that area. one area where more work needs to be done is housing finance. we have not begun to clarify for the market out housing finance will be conducted in the future. another area i suggest he might think about is the overhang of distressed houses. for example, fanny, freddie, and the bank's own about half a million homes right now, which are basically sitting there on the market and which are pressing down prices and reducing appraisals and making the housing market much weaker than it otherwise would be. that is another area to look at. i agree with you that the housing market is, in some sense, the epicenter of the pro
that president carter took our country and have a big spending liberal majority group government and weekend our standings in the world, and have a decrease our liberties, well, i became a republican and i haven't looked back since. as a wife, a mother, a federal tax litigation attorney who worked her way through school, as a former state senator, who led a movement to achieve the repeal of the harmful piece of education policy in my home state of minnesota, and out as a member of the united states congress, the most wonderful collaborative body in the world, who worked tirelessly fighting against the expansion of very unpopular government programs like obamacare, and unprecedented levels of skyrocketing spending, i've come to agree with ronald reagan that government doesn't solve problems, it subsidizes problems. and governments first duty is to protect the people, not to run their lives. today, the challenges i think are at least as severe as they were when ronald reagan stood tall in this nation, and today the differences between republicans and president obama, whether it's on economics, are
production order. it is the lot about a big corporation which -- whatever it is, that is a lot. [talking over each other] >> you previously had to go through another investigation and pursued a very sorrow and robust investigation. can you explain the difference there and the difference here? >> if i can. it is a matter of coming up with the evidence that we should have had in 2005/6 and in 2009. that has resulted in a huge investigation that they will be thinking about which is following the evidence. we simply were not provided that material when we should have been. >> how the wait until the evidence in this scandal -- you were not able to do so? >> there were a lot of inquiries. i am sure a lot of them now. there were a number. [inaudible] >> the process is not followed yet and the evidence -- never been criticized for in number of causes but that is -- >> i am going to hand you a list of names of all the guardian blog that sets out a number of people who have been warned by operations concerning the fact that their homes have been -- i want you to look at it and to see whether or not you
and so forth. we still consider our greatest risk to be a third party with a big piece of yellow iron digging a water well or some kind of trenching that is outside of our company. a sickly a third party is our greatest risk but it has the added effect of monitoring for surreptitious activity. if someone was out there to do us harm who is detecting it. beyond that it is a lot of emphasis being placed on the operators to understand what to look for and what to report, suspicious activities. be to reach out to her local law enforcement committees and invite them to our facilities and we get together and look at the facilities and we talk. so that those folks have it in their mind what we are, what we are worried about and what we are not worried about and are able to respond. it is a grassroots knit together awareness campaign across the system and we have even involved the general public and landowners. >> i know your challenges best. i know pipelines are where we wouldn't even imagine that they are. i think in working with the chairman i would like to suggest this is an important issu
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